Saudi Arabia and Russia intend to invest $2 billion in technology projects by 2019, TASS has reported, citing head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev.

 

Both parties increase investments in projects on creation and introduction of modern technologies, said Dmitriev.

 

Cooperation aspects were recently discussed at a meeting with Crown Prince of Saudi Arabia.


"They (Saudi Arabia) have already invested more than $2 billion in various projects with us. They also allow our companies to come to the Saudi market, earn money there in the energy service and other sectors of the economy," Dmitriev added.

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